<p>So I'm a sophomore, pretty much an econ major; though officially undeclared, I'm taking many econ classes and I will declare by the end of this semester. I want to do an internship for the summer related to finance (I want to look into investment banking); trouble is, I've never done a finance/business/economic internship before. I've had some experience with fundraising (mostly local stuff in my hometown and some college stuff), I'm good at math, I have good computer skills, and that's about it. It seems like most of the big companies (Goldman Sachs, JP Morgan, Citigroup, etc) want students already with plenty of experience under their belt. But I can't get that experience because I don't have it to begin with. So how do I go about breaking that cycle and securing a "beginning" finance internship? I have a 3.8 GPA at a competitive liberal arts college, if that helps, and I don't know if SAT scores matter but I aced the math portions of both the SAT I and II; but I don't have any other econ-related awards/accomplishments (should I mention other misc. awards on my resume?). Should I mention in my cover letters that I basically have no experience but am eager to learn? How do I get my foot in the door? Sorry for the length, and thanks so much for reading!</p>
<p>Use your career office to find names of alum who work on Wall Street and contact them. If your school is not recruited, that’s your best hope.</p>
<p>Listen to hmom–she has knowledge from many years of experience (according to her threads) and therefore… good advise. She is also a prestige snob (no offense hmom–love many of your posts!) But apparently so is WS.</p>
<p>So my anecdotal experience. My D will be doing her 2nd internship this summer . Her 1st was back office (GS) and this summer front office (S & T @ JPM). She attends a “lower ivy” (btw–that “lower ivy” crap is so much bs). She has a very high GPA and is, as said, at a target school, although not "the main " target schools. She is also not a business major. </p>
<p>My S has several of his frat bros working at BB,s. Again, they were top in their class and, I would assume, his LAC is a target (although it is not a top 10 LAC but top 20)</p>
<p>Finally, my h and I work at a SUNY. We have some graduates working at I-banks. The # is very few and it was difficult for them to attain the job. But w/ perseverance and knowing someone, you might be able to get a job.</p>
<p>So what is your “competitive liberal arts college!!”</p>
<p>Morrismm, I just report the realities of my experience on Wall Street. I didn’t create the rules, I’m old but Wall Street is older:)</p>
<p>And I get that. So what is the OP’s chance?</p>
<p>Not good without using his network, it’s very latee now, most ofthe hiring has been done.</p>